MetaLawMan, securities lawyer James Murphy, joins Jeff and Chip to answer the question XRP holders keep asking: if XRP won, why hasn't the market treated it like clarity? His answer is that the US still has no crypto law passed by Congress. XRP is well positioned after Judge Torres's ruling and the SEC's interpretive guidance naming it one of 16 tokens that are commodities, not securities, but guidance can change with the next administration.
We get into why a statute beats SEC guidance, the coming courtroom irony where the SEC has to make Gensler's own argument, what's next after Clarity stalled, the exchange protections Democrats voted down, and how the banks shaped the bill. Also: Deaton vs. Markey debate clips, including Markey's Siri-or-Claude answer on AI, and why MetaLawMan is all in on John Deaton.
Podden och tillhörande omslagsbild på den här sidan tillhör
On The Chain. Innehållet i podden är skapat av On The Chain och inte av,
eller tillsammans med, Poddtoppen.